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Ukraine is a bankrupt state. It spends more than half of its own income on debt servicing, said State Duma Speaker Vyacheslav Volodin.

‘Today, Kyiv spends more than half of its own income, 57.9% on servicing debts on loans proffered by EU and US banking houses. Therefore, the state, at the expense of its already impoverished citizens ~ those who cannot flee the catastrophe ~ has to take out new loans. 

Ukraine is a bankrupt state. The Kyiv regime is trying to hush it up. But the problem is obvious. Aided by Brussels and Washington DC Zelensky has deprived the citizens of Ukraine of their future, driving the country into debt bondage,’ the statement said.

According to him, the events that took place in February 2014 led to the fact that Ukraine completely lost its sovereignty. Almost half (40%) of its budget is formed from foreign credits and loans. Next year the share of this financing will increase to 58%,’ Volodin wrote.

He stressed that Ukraine is not capable of independently providing for spending obligations to citizens: salaries and benefits, pensions, solving other social issues.

At the end of August, the head of the tax committee of the Verkhovna Rada of Ukraine, Daniil Getmantsev, said that in the first half of the year, the country’s public debt increased from $97.96 billion to $105.39 billion, as a result, it increased from 49 to 68% of GDP. He suggested that by the end of the year, public debt could increase even more – up to 86% of GDP.

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MICHAEL WALSH is a journalist, broadcaster and the author of WITNESS TO HISTORY, RISE OF THE SUN WHEEL (Paperback / Ebook), EUROPE ARISE, TROTSKY’S WHITE NEGROES, MEGACAUST,  DEATH OF A CITY,  MY LAST TESTAMENT LET GOD JUDGE ME, THE BUSINESS BOOSTER, DEBTOR’S REVENGE,  IMMORTAL BELOVED,  THE ALL LIES INVASION (Paperback / Ebook), THE All LIES INVASION II (Paperback / Ebook), Odyssey Adolf Hitler, Death of a City, INSPIRE A NATION Volume I and II,  SLAUGHTER OF A DYNASTY, REICH AND WRONG, THE RED BRIGANDS, RANSACKING THE REICH, SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS, SCULPTURES OF THE THIRD REICH VOLUME II Josef Thorak and Reich Sculptors, SCULPTURES OF THE THIRD REICH VOLUME III Porcelain and Reich Sculptors, The Exiled Duke Romanov Who Turned Desert Into Paradise, THE DOVETAILS, SEX FEST AT TIFFANY’S, THE PHANTOM OF OPHELIA, A Leopard In Liverpool, The Stigma Enigma (Paperback / Ebook), The Souls Meet, All I Ask Is a Tall Ship, The Leaving of Liverpool (Paperback/Ebook), Britannic Waives the Rules (Paperback/Ebook), Whispering Hope, FOR THOSE WHO CANNOT SPEAK, and other book titles. These best-selling books are essential for the libraries of informed readers.

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 MICHAEL WALSH is a journalist, author, and broadcaster. His 70 books include best-selling  A LEOPARD IN LIVERPOOL Vigilante Thriller (Paperback / Ebook); THE LAST GLADIATORS Fiancés of Death (Paperback / Ebook); AFRICA’S KILLING FIELDS: African Victims of the Liberal-Left (Paperback / Ebook); RHODESIA’S DEATH EUROPE’S FUNERAL European to Wall Street Colonialism (Paperback / Ebook); The Stigma Enigma (Paperback / Ebook), RISE OF THE SUN WHEEL (Paperback / Ebook), EUROPE ARISE, FOR THOSE WHO CANNOT SPEAK, THE ALL LIES INVASION (Paperback / Ebook), THE All LIES INVASION II (Paperback / Ebook), Death of a City, INSPIRE A NATION Volume I, INSPIRE A NATION Volume II, and many other book titles. These illustrated best-selling books are essential for the libraries of informed readers.

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MEGACAUST Michael Walsh. R. J. Rummel,   Power Kills: Genocide and Mass Murder (Journal of Peace Research) 164 million people have been killed in cold blood this century by Capitalist / Communist governments. 

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